"CZ's AMM Experiment Boosts TST Price by 35.56%"
The Test Token (TST) linked to BNB Chain has seen a significant price increase of 35.56% within the last 24 hours, currently trading at $0.1091. This surge in price action comes on the heels of a recent mention by former Binance CEO Changpeng 'CZ' Zhao, who shared his first experience using an Automated Market Maker (AMM) liquidity pool on the BNB Chain.
In a post on X, CZ revealed that he had never used a Decentralized Exchange (DEX) or an AMM liquidity pool before, opting instead for Centralized Exchanges (CEXs) for his transactions. As an experiment, he attempted to swap a few BNBs for TST, expecting the process to be simple. However, CZ admitted that he underestimated the complexity of the process, noting that there is still room for improvement in the overall DEX experience.
CZ pointed out two main issues with his experience: the error messages and the lack of confidentiality on the platform. Despite these challenges, his public experiment has drawn attention to the BNB Chain TST, contributing to its recent price surge.
This is not the first time CZ's involvement has impacted the TST token. Earlier, he announced his intention to compensate victims of TST and BROCCOLI tokens, which had experienced significant losses due to pump and dump schemes. Both tokens, linked to CZ, plummeted by 60-80% from their peak within a week, causing market panic.
BROCCOLI, a meme coin inspired by CZ's dog, has been gaining traction despite its uncertain trends. Last week, a crypto whale bought BROCCOLI, fueling a 160% surge in the token. Social media hype and speculation continue to drive its value higher, with whale transactions adding to the frenzy.

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